Lutnick: 'We do expect a 10 percent baseline tariff to be in place for the foreseeable future'
11-05-2025 16:52 via thehill.com

Lutnick: 'We do expect a 10 percent baseline tariff to be in place for the foreseeable future'

Commerce Secretary Howard Lutnick said Sunday that the United States anticipates "a 10 percent baseline tariff to be in place for the foreseeable future" for countries across the globe amid trade tensions.“We do expect a 10 percent baseline tariff to be in place for the foreseeable future,” Lutnick told CNN’s Dana Bash on “State of the Union.” “But don't buy the silly arguments that the U.S. consumer pays.”“Businesses, their job is to try to sell t
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